Has the EU-US trade war already started?

The EU has retaliated after being hit hard by the US tariffs. But with US president Donald Trump’s threats to slap more tariffs, the bloc could step up the fight with its anti-coercion instrument, a tool that was put in place in 2023.

Earlier this week, the EU launched import duties on €26 billion worth of American goods to respond to the US’s 25% tariffs on steel and aluminum. Trump responded to the EU countermeasures by threatening to impose a 200 percent tariffs on all wines, champagne and alcoholic products from France and other EU countries.

So what to expect from a trade war that appears to have already started?

Radio Schuman talks to Euronews’s trade reporter Peggy Corlin about the EU’s response to Trump’s tariffs and how the bloc could upscale its resistance with its anti-coercion instrument.

Today Radio Schuman also discusses how employees of small and medium enterprises in the EU, who are also the hardest working in business, approach their working days. 

Hosted on Acast. See acast.com/privacy for more information.